Bitcoin ETF Demand is Thinning After Recent Bumper Inflows — Market Talk

Bitcoin's recent rise to a near eight-month high largely reflected exchange-traded funds inflows but demand is now thinning, CoinMarketCap's Alice Liu says in a note. "ETF buys are a major driver for the recent price rally above $87k, with over $2.4 billion inflows in within a week." However, eight…